DCH OWNER YAROSLAVSKY BUYING PROMINVESTBANK – DCH

19 May , 2017

KYIV. May 19 (Interfax-Ukraine) – Ukrainian businessman, the owner and president of DCH, Oleksandr Yaroslavsky after receiving the results of consideration of his application to buy Ukrainian Prominvestbank (Kyiv) by Russia’s Vnesheconombank (VEB) intends to submit an application to the National Bank of Ukraine (NBU) to get the approval of the acquisition of the bank, DCH said in a press release on Friday.
“Yesterday, on May 18, 2017, the supervisory board of Vnesheconombank discussed the proposal of Yaroslavsky to buy Prominvestbank, the subsidiary bank of VEB in Ukraine,” the press service of DCH said.
Russia’s Kommersant publication reported on Friday that Yaroslavsky is among potential buyers of the bank. The businessman made his proposal to VEB at the end of last week. On May 18, the supervisory board of VEB was informed on the potential buyers. Russian Prime Minister Dmitri Medvedev held the meeting of the bank’s supervisory board.
Kommersant recalled that one group of potential investors is known – the developer and founder of MosCityGroup Pavel Fuks and Verkhovna Rada’s MP Maksym Mikitas.
Yaroslavsky told Kommersant that earlier he held talks with Sberbank on the acquisition of its subsidiary in Ukraine, but the seller selected another buyer.
Hungary’s OTP also showed its interest in Prominvestbank, but it was not among potential buyers presented to the board, Kommersant said.